Back in May 2019, Ricoh Company of Japan announced it would be shifting production of its key MFP portfolio destined...
Tagged: Ricoh Company
The goal of Icahn and Deason isn’t to create the world’s largest copier/printer company, but instead appears to drive the Xerox share price to $40 and then sell.
Sales in the Americas were down 3.4 percent year-over-year, due to lower Office Printing group sales, which was offset however by higher Commercial Printing group sales.
Ricoh Company also announced that it had completed its acquisition of DocuWare.
Sales in the Americas decreased by 2.3 percent year-over-year due to the decline of sales in the Office Printing group, although sales in the Commercial Printing group were up.
A Ricoh spokesperson stated that no job losses are expected with the move, which it expects to occur in August.
DocuWare will operate as a standalone subsidiary of Ricoh and Ricoh says it’s committed to maintaining and growing the DocuWare partner program.
Ricoh Company of Tokyo, Japan, today reported results for its fiscal year that ended on March 31, 2019. Net sales...
Like many office-imaging vendors, Ricoh Company of Japan is expanding out of office-imaging and printing into new segments.
While sales in the Office Service segment, Industrial Printing segment, and Thermal Media segment increased, sales in the Office Printing segment decreased as compared to the previous corresponding period.
LAC’s inkjet printing can discharge high-viscosity ink from a maximum of 100mm, enabling printing directly onto three-dimensional objects.
It should also be noted that dealers and solutions’ providers are increasingly relying on third-party cloud-based workflow and data-storage solutions that feature built-in security guarantees.
The new factory will be the central production site for Ricoh’s office printers and copier/MFPs.
For its fiscal year that will end in March 2019, Ricoh is forecasting that sales will be down slightly (-1.1 percent) and net income of ¥47 billion.
Perhaps nothing has better illustrated the vulnerability of digital systems to security breaches than the ongoing hacking of the government...
The Nikkei-Asian Review also said that Ricoh would be as well selling a logistics unit in Japan, and an “aging factory for copiers and other office equipment, as well as recording “tens of billions of yen worth of impairment losses,”and setting aside “at least ¥200 billion” for mergers and acquisitions.